INCOME RESEARCH & MANAGEMENT Long-Term Concentrated

Location: Boston, MA

CIK: 0001165830 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 1, 2020

Total Value: $200M (100.0% shares, 0.0% debt)

Holdings (17)

— PRICELINE GRP INC 11.5%

Value $23.06M Shares 20,163,000 Share Price $1.14 Est. Cost/Share $1.04 Unrealized @ Report Date —

— ARES CAPITAL CORP 10.8%

Value $21.58M Shares 21,400,000 Share Price $1.01 Est. Cost/Share $1.01 Unrealized @ Report Date —

— SPIRIT RLTY CAP INC NEW 10.1%

Value $20.18M Shares 19,833,000 Share Price $1.02 Est. Cost/Share $1.05 Unrealized @ Report Date —

— WELLPOINT INC 9.5%

Value $18.93M Shares 4,851,000 Share Price $3.90 Est. Cost/Share $2.91 Unrealized @ Report Date —

— TPG SPECIALTY LENDING INC 8.6%

Value $17.17M Shares 16,700,000 Share Price $1.03 Est. Cost/Share $1.02 Unrealized @ Report Date —

— AMERICAN RLTY CAP PPTYS INC 8.3%

Value $16.52M Shares 16,414,000 Share Price $1.01 Est. Cost/Share $1.02 Unrealized @ Report Date —

— TEVA PHARMACEUTICAL FIN LLC 7.1%

Value $14.25M Shares 15,589,000 Share Price $0.91 Est. Cost/Share $1.00 Unrealized @ Report Date —

— ALZA CORP 7.0%

Value $14.05M Shares 7,339,000 Share Price $1.91 Est. Cost/Share $1.65 Unrealized @ Report Date —

— ILLUMINA INC 6.4%

Value $12.8M Shares 8,300,000 Share Price $1.54 Est. Cost/Share $1.51 Unrealized @ Report Date —

— HERCULES CAPITAL INC 5.9%

Value $11.72M Shares 11,719,000 Share Price $1.00 Est. Cost/Share $1.00 Unrealized @ Report Date —

— PROSPECT CAPITAL CORPORATION 5.4%

Value $10.76M Shares 10,700,000 Share Price $1.01 Est. Cost/Share $1.01 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 3.7%

Value $7.369M Shares 8,362,000 Share Price $0.88 Est. Cost/Share $0.93 Unrealized @ Report Date —

— WELLS FARGO CO NEW 2.2%

Value $4.488M Shares 3,287 Share Price $1365.38 Est. Cost/Share $1435.57 Unrealized @ Report Date —

— BK OF AMERICA CORP 1.8%

Value $3.693M Shares 2,695 Share Price $1370.32 Est. Cost/Share $1441.98 Unrealized @ Report Date —

— DANAHER CORPORATION 0.7%

Value $1.44M Shares 264,000 Share Price $5.45 Est. Cost/Share $4.07 Unrealized @ Report Date —

— ON SEMICONDUCTOR CORP 0.5%

Value $1M Shares 814,000 Share Price $1.23 Est. Cost/Share $0.92 Unrealized @ Report Date —

— NABORS INDS INC NEW 0.5%

Value $982K Shares 1,375,000 Share Price $0.71 Est. Cost/Share $0.78 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	PRICELINE GRP INC	20,163,000	$23.06M	11.5%	$1.14	$1.04	—	NOTE 0.900% 9/1	741503AX4
—	ARES CAPITAL CORP	21,400,000	$21.58M	10.8%	$1.01	$1.01	—	NOTE 3.750% 2/0	04010LAT0
—	SPIRIT RLTY CAP INC NEW	19,833,000	$20.18M	10.1%	$1.02	$1.05	—	NOTE 3.750% 5/1	84860WAB8
—	WELLPOINT INC	4,851,000	$18.93M	9.5%	$3.90	$2.91	—	NOTE 2.750%10/1	94973VBG1
—	TPG SPECIALTY LENDING INC	16,700,000	$17.17M	8.6%	$1.03	$1.02	—	NOTE 4.500% 8/0	87265KAD4
—	AMERICAN RLTY CAP PPTYS INC	16,414,000	$16.52M	8.3%	$1.01	$1.02	—	NOTE 3.750%12/1	02917TAB0
—	TEVA PHARMACEUTICAL FIN LLC	15,589,000	$14.25M	7.1%	$0.91	$1.00	—	DBCV 0.250% 2/0	88163VAE9
—	ALZA CORP	7,339,000	$14.05M	7.0%	$1.91	$1.65	—	SDCV 7/2	02261WAB5
—	ILLUMINA INC	8,300,000	$12.8M	6.4%	$1.54	$1.51	—	NOTE 0.500% 6/1	452327AH2
—	HERCULES CAPITAL INC	11,719,000	$11.72M	5.9%	$1.00	$1.00	—	DBCV 4.375% 2/0	427096AF9
—	PROSPECT CAPITAL CORPORATION	10,700,000	$10.76M	5.4%	$1.01	$1.01	—	NOTE 4.950% 7/1	74348TAR3
—	MACQUARIE INFRASTRUCTURE COR	8,362,000	$7.369M	3.7%	$0.88	$0.93	—	NOTE 2.000%10/0	55608BAB1
—	WELLS FARGO CO NEW	3,287	$4.488M	2.2%	$1365.38	$1435.57	—	PERP PFD CNV A	949746804
—	BK OF AMERICA CORP	2,695	$3.693M	1.8%	$1370.32	$1441.98	—	7.25%CNV PFD L	060505682
—	DANAHER CORPORATION	264,000	$1.44M	0.7%	$5.45	$4.07	—	DBCV 1/2	235851AF9
—	ON SEMICONDUCTOR CORP	814,000	$1M	0.5%	$1.23	$0.92	—	NOTE 1.000%12/0	682189AK1
—	NABORS INDS INC NEW	1,375,000	$982K	0.5%	$0.71	$0.78	—	NOTE 0.750% 1/1	62957HAB1